For Lachlan Murdoch, this second has been a very long time coming. Assuming, after all, that his second has really arrived. On Thursday, his father Rupert Murdoch introduced that in November he’ll step down as the pinnacle of his two media firms: News Corp. and Fox Corp. Lachlan…
Read MoreBy DAVID BAUDER (AP Media Writer) NEW YORK (AP) — Magnate Rupert Murdoch’s shock announcement Thursday that he’s stepping down as chief of his two corporations leaves his son Lachlan firmly in line of succession at Fox and the remainder of the media empire. The 92-year-old Australian billionaire’s…
Read MoreRupert Murdoch, the highly effective mogul who helped rework the trendy media panorama over seven many years, is stepping down as chairman of his two family-controlled corporations Fox Corp. and News Corp. Murdoch, 92, who shall be succeeded by his son Lachlan, introduced his choice in a notice…
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